The Best Investment on Earth is Earth

Chennai is a city that is filled with opportunities, and living in the city comes with its own share of positives. You can easily commute to work, go shopping, eat out at some of the best restaurants in Tamil Nadu and give the best education to your kids. This is why home buyers, with eye on managing convenience with budget, are on the lookout for properties in the suburbs of Chennai.

There are some great residential localities in Chennai where buying an apartment can make your life simpler. Below is a list of 10 localities to buy a flat in Chennai, each one with its fair share of advantages.

1. T. Nagar

Thyagaraya Nagar, popularly called by the name of T. Nagar, is among the leading real estate destinations in Chennai. The high demand for office spaces on the Anna Salai has benefitted T. Nagar as it has developed into a major residential area. T.Nagar is also among the largest shopping district in Chennai. The neighborhood has ample parks, quality educational institutes and religious houses and is great place to buy a flat in Chennai. The area is served by Mambalam Railway Station of the Chennai suburban railway network as well as the T. Nagar bus terminus near the Usman Road.

2. Kelambakam

Kelambakam is situated along the OMR (Old Mahabalipuram Road) and has prospered due to its proximity to SIPCOT IT Park, which is the largest IT Park in Asia. The IT Park is just 3km away from the area. One of the key highlights of living in Kelambakam is its shoreline which is provided by the Kovalam beach. The area has many revered places of worship such as the Tiruporur Murugan Temple and St. Mary Church. Kelambakam also has a number of health centers, prominent among them being Jain Hospital and Chettinad Health City. The area has a great social infrastructure with many educational institutes, restaurants and shopping centers in there.

3. Tambaram

Tambaram is believed to be even older than Chennai city itself. But nothing about the area today is ancient thanks to the infrastructural development it has seen. Tambaram is dotted with many reputed IT companies nearby, making it an ideal location to buy flats in Chennai. The area’s good connectivity by both road (Chennai – Trichy national highway) and railways (through the Chennai suburban line) have bought it closer to the heart of Chennai city. Add to that, the presence of many educational institutions, shopping malls and health centers makes Tambaram one of the best real estate options in Chennai.

4. Nungambakkam

Nungambakkam is located in North-West end of Chennai and is rated by many to be the best locality to buy a flat in Chennai. One of the reasons for this is its prime location. The area is situated close to T. Nagar which among the largest shopping districts in India, Mount Road, which houses commercial enterprises and Kodambakkam, which houses the Tamil film industry. Those residing in Nungambakkam can easily commute to other parts of Chennai using the buses or the trains running on Chennai Beach – Tambaram railway route.

5. Thiruvanmiyur

For those looking to invest in Chennai’s real estate, this residential neighborhood is a dream locality. The area has witnessed the highest capital appreciation over the last few years. The demand for properties in Thiruvanmiyur spiked up with construction of TIDEL information Technological Park and the Software Technology Parks of India. The area also offers great accessibility to other parts of Chennai through buses and railway station situated opposite of TIDEL Park.

6. Oragadam

Oragadam is the biggest automobile hub in South Asia. Automobile companies like Renault Nissan, Komatsu, Toyota, Ashok Leyland, TVS among others, have their presence in Oragadam. Many reputed IT companies have also set up their offices in the area. Furthermore, Oragadam lies in proximity to the proposed Green Field Airport, and is connected by NH-45 and NH-4 which makes commuting to Chennai and Kanchipuram a breeze.

7. Chromepet

Chromepet is located in South Chennai, and real estate here is primarily preferred by the IT professionals working in the IT hub of OMR. Chromepet is connected by the Grand Southern Trunk roads, connecting it Chennai and the State highway 109 which connects the locality to OMR, making travelling a breeze. Apart from road connectivity, there is the Chrompet railway station which completes the good connectivity for those looking to buy an apartment here.

8. OMR (Old Mahabalipuram Road)

OMR is also known as the IT corridor, and the properties along the OMR are a hot favorite among the home buyers in Chennai. The OMR starts from Madhya Kailash temple in Adyar and continues till Mahabalipuram, and is well-known for housing many reputed IT/ITES companies. Its close proximity to the IT hub of the Chennai makes real estate properties here is a favorite among the IT professionals. OMR has all the vital amenities; from the best educational institutions and restaurants to medical centers.

9. Porur

Porur is known for its chemical industries, IT corridors and manufacturing plants. Properties in this area have attracted the attention of single professionals, families and senior citizens. Porur is connected to Nungambakkam via Arcot Road and Poonamalle through Mount-Poonamallee Road. Buses ply regularly from the Porur to other parts of the city.

10. Alwarpet

Located in Central Chennai, Alwarpet is among the emerging real estate destinations in Chennai. The area’s close proximity to Chennai Central Railway station and Chennai Airport ensures that the residents of this locality can commute easily. The upmarket lifestyle amenities available in the area also aid the residents. The social infrastructure of Alwarpet is strong with presence of many schools, hospitals and other amenities.

With large scale development happening across the city, new clusters of real estate are springing up. Therefore, it is always wise for investors to choose areas which have potential for future growth.